The Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019

Facilities available to investors

This section has no associated Explanatory Memorandum

31.—(1) Article 26 (facilities available to investors) is amended as follows.

(2) In paragraph 1—

(a)for “ELTIF” substitute “LTIF” in each place;

(b)omit “, in each Member State where it intends to market such units or shares,”.

(3) For paragraph 2, substitute—

2.  The FCA may make technical standards to specify the types and characteristics of the facilities referred to in paragraph 1, their technical infrastructure and the content of their tasks in respect of the retail investors..